Bollinger Bands Touch with Gimmee Bar filter

JohnL33, thanks for opening this theard. Because of you, i started playing around with them. Here is a fun one with a few options. Its based on the bb touch which MrTools made and Jimmy mentioned. The Gimmee filter is interesting for reversals. I'm not a coder and can't code. I can only change settings and colors.

What is the Gimmee Filter?

The Gimme Bar is a technique described by Joe Ross as a counter-trend filter and is used by advanced Bollinger Bands traders who trade sideways (ranging) markets.

The signal can be seen whenever the price bar touches and breaches the Bollinger Band's outer band but is "rejected", leaves a long tail wick then proceeds to Close near or inside the band. This is seen as a strong, short-term reversal signal and confirmation that price is staying within the Bollinger Bands.

Below are examples of the Gimme Bar signal:

Bullish Gimmee Bar:

Price has attempted to break the outer bands but is contained within the Bollinger Bands (Blue), signaling a "Buy" scalp trade opportunity
Bearish Gimmee Bar:

Price has attempted to break the outer bands but is contained within the Bollinger Bands (Blue), signaling a "Sell" scalp trade opportunity
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